SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(D) of the Securities Exchange Act of 1934:
Date of Report (Date of earliest event reported):
JULY 22, 1998
CAGLE'S, INC.
(Exact name of registrant as specified in its charter)
GEORGIA 1-7138 58-0625713
(State of Incorporation) (Commission File Number) (IRS Employer ID No.)
2000 Hills Avenue, N.W., Atlanta, Ga. 30318
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (404) 355-2820
ITEM 5 OTHER MATERIALLY IMPORTANT EVENTS
THE REGISTRANT, CAGLE'S, INC., HEREBY REPORTS THE FOLLOWING EVENT, WITH
RESPECT TO WHICH INFORMATION IS NOT OTHERWISE CALLED FOR BY THIS FORM,
WHICH THE REGISTRANT DEEMS OF MATERIAL IMPORTANCE TO SECURITY HOLDERS:
Cagle's, Inc. has discovered an uninsured loss of approximately $1.1 Million
arising from employee dishonesty at its Pine Mountain Valley Plant. The
company has taken action to freeze assets belonging to the perpetrator, and
believes the outlook for recovery of substantially all of the loss is good
and that there will be no significant impact on earnings.
SIGNATURES:
Pursuant to the requirements of the Securities Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
Cagle's, Inc.
(Registrants)
/S/ Kenneth R. Barkley
Date: July 24, 1998 Kenneth R. Barkley
Senior Vice President Finance/Treasurer/CFO